Yield - Page 2
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MakerDAO Proposal Seeks to Boost DeFi Fixed-Rate Loans
Fixed rate lending has been slow to take off in DeFi. That’s what one of the latest MakerDAO proposals is seeking to change. Maker Improvement Proposal 43 would enable MakerDAO to buy fixed-rate loans. The goal is that having DeFi’s largest protocol buying tokenized loans issued by other protocols, at more favorable terms, will boost…
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$300M Whale Spotted in DeFi’s Turbulent Seas
A wallet holding over 1% of the $21B total value locked in DeFi has surfaced on crypto Twitter. The whale, whose ether address is 0xB1AdceddB2941033a090dD166a462fe1c2029484, has a net worth of ~$340M, with $482M in assets and $141M in debt, according to DeFi wallet tracker DeBank. Only $8.5M sits unused while 97% of the capital is…
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Pickle Finance Sounds Like a Joke But it Wants to Bring Stability to DeFi
Just when farmers thought food coins had run their course, perhaps the most absurd project yet is leveraging pickle memes to help mitigate stablecoin volatility. Pickle Finance, a project incentivizing liquidity on the four largest DeFi stablecoins, saw $53M in 24 hour volume this weekend as its native governance token, PICKLE, traded as high as…